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Compute and interpret the adjusted r2 for each of the three models.Start with the part (a) model.The adjusted r2 shows that 33.133.1% of the variation
Compute and interpret the adjusted
r2
for each of the three models.Start with the part (a) model.The adjusted
r2
shows that
33.133.1%
of the variation in
price-to-book-value
is explained by
return on equity
before
correcting for the number of independent variables in the model.(Round to one decimal place as needed.)
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